Looking to diversify beyond IRVH? The ETFs below have the lowest correlation with IRVH — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from IRVH.
Best Diversifiers for IRVH
1938 ETFs have low correlation with IRVH (below 0.3), 292 of which are negatively correlated. The least correlated is iShares Enhanced Short-Term Bond Active ETF (CSHP) (Ultrashort Bond) with a 1Y correlation of -0.18, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Enhanced Short-Term Bond Active ETF | -0.18 | -0.18 | -0.18 | 99 | Ultrashort Bond | IRVH vs CSHP | |
| ProShares UltraShort Yen | -0.14 | -0.27 | — | 61 | Leveraged Currency | IRVH vs YCS | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.14 | -0.05 | 0.01 | 100 | Government Bonds, Ultrashort Bond | IRVH vs BIL | |
| Franklin Liberty Systematic Style Premia ETF | -0.13 | -0.03 | -0.03 | 60 | Long-Short | IRVH vs FLSP | |
| MicroSectors U.S. Big Banks Index 3X Leveraged ETN... | -0.11 | -0.14 | -0.14 | 55 | Leveraged Equities | IRVH vs BNKU |
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